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| Shareholders: Veda Advantage |
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Veda Advantage is the leading provider of business intelligence services in Australia and New Zealand.
Veda Advantage is the custodian of credit information for more than 16.5 million individuals and 4.4 million companies and businesses throughout Australia and New Zealand. Veda Advantage provides credit analytics and decisioning solutions which assist Veda’s customers to harness the power of data, equipping businesses with the tools and knowledge to make smarter business decisions.
Veda Advantage’s two principal business units are:
• Veda Advantage Information Services and Solutions (ISS) – ISS helps Australasia’s banks, large companies and small businesses measure and monitor credit, financial and identity fraud risks. ISS provides information services and decisioning tools enabling its customers to better assess, verify, process and manage credit applications and to monitor risks in credit portfolios.
• Veda Advantage Solutions Group (VSG) – VSG works with businesses to enhance the value of direct marketing investment, helping financial services providers, utilities and businesses in a range of industries to attract and retain profitable customers and to optimise customer value.
Veda Advantage also helps consumers to manage their credit reputation and protect themselves against identity fraud. Every day it reports on the credit status of approximately 85,000 individuals and commercial entities that apply for credit.
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